"This product is designed to cover Diabetes and its complications irrespective of the number of years the person may have been living with it, says V Jagannathan CMD, Star Health and Allied Insurance Company Ltd.

SBI Life, the life-insurance arm of State Bank of India, will contest a Rs 275-crore refund order that the Insurance Regulatory and Development Authority issued Tuesday in relation with a case of alleged misselling of a group insurance policy, MD and CEO Atanu Sen told CNBC-TV18.

Leading private insurer Reliance Life Insurance has recorded a 56 percent surge in its new business premium income in the first nine months of this fiscal and expects further growth in the current quarter.

"This product is designed to cover Diabetes and its complications irrespective of the number of years the person may have been living with it, says V Jagannathan CMD, Star Health and Allied Insurance Company Ltd.

SBI Life, the life-insurance arm of State Bank of India, will contest a Rs 275-crore refund order that the Insurance Regulatory and Development Authority issued Tuesday in relation with a case of alleged misselling of a group insurance policy, MD and CEO Atanu Sen told CNBC-TV18.

Leading private insurer Reliance Life Insurance has recorded a 56 percent surge in its new business premium income in the first nine months of this fiscal and expects further growth in the current quarter.

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Source:Economic Times - Your car insurance premium for third-party liability coverage is set to rise 20% from April 1. The Insurance Regulatory and Development Authority ( Irda) issued a circular last week spelling out the quantum of hike applicable to private cars, two-wheelers and commercial

in the new fund offer (NFO) and hold units for one year from the allotment date.
The Insurance Regulatory and Development Authority (Irda) recently giving the green signal for insurance companies to invest in ETFs, the CPSE ETF issue should assist the government with its disinvestment plan.
LIC already

Source:Economic Times - Insurance customers and their nominees don`t have to suffer inordinate delays in claim settlement anymore. A new circular from Insurance Regulatory and Development Authority (Irda) is going to change the current opaque scenario from April 1.

Source:The Hindu BusinessLine - The Insurance Regulatory and Development Authority has imposed ₹1 lakh penalty on Tata AIA Life Insurance Company for violation of norms. According to an order issued by the regulator, the insurer was fined for not having effective systems in place to report cash

Source:The Hindu BusinessLine - The Insurance Regulatory and Development Authority (IRDA) has mooted that all micro-variable products should have a lock-in period of five years from the date of inception of the policy. In the new draft norms on micro-insurance, the regulator said surrenders would

Source:The Hindu BusinessLine - The Insurance Regulatory and Development Authority (IRDA) has framed guidelines for life insurance products to be sold at common service centres (CSCs). The products to be marketed through the CSC distribution model shall be separately prefixed with the word CSC

Source:FirstPost - Hyderabad: The Insurance Regulatory and Development Authority may make the broking model for banks compulsory soon if significant traction is not achieved in insurance penetration."IRDA is already in touch with the Ministry of Finance and the RBI in this regard. A decision

Source:Economic Times - MUMBAI: Life Insurance Corporation of India has been slapped with a show-cause notice by the insurance regulator for allegedly misleading the public through advertisement. Insurance Regulatory and Development Authority (Irda) has put a question mark on certain LIC